GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TGS ASA (OSL:TGS) » Definitions » EV-to-EBIT

TGS ASA (OSL:TGS) EV-to-EBIT

: 24.21 (As of Today)
View and export this data going back to 1997. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, TGS ASA's Enterprise Value is kr16,231 Mil. TGS ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr670 Mil. Therefore, TGS ASA's EV-to-EBIT for today is 24.21.

The historical rank and industry rank for TGS ASA's EV-to-EBIT or its related term are showing as below:

OSL:TGS' s EV-to-EBIT Range Over the Past 10 Years
Min: -92.18   Med: 10.25   Max: 42.81
Current: 24.21

During the past 13 years, the highest EV-to-EBIT of TGS ASA was 42.81. The lowest was -92.18. And the median was 10.25.

OSL:TGS's EV-to-EBIT is ranked worse than
87.76% of 735 companies
in the Oil & Gas industry
Industry Median: 8.5 vs OSL:TGS: 24.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. TGS ASA's Enterprise Value for the quarter that ended in Dec. 2023 was kr16,647 Mil. TGS ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr670 Mil. TGS ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.03%.


TGS ASA EV-to-EBIT Historical Data

The historical data trend for TGS ASA's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TGS ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.65 -7.68 -11.66 12.14 25.26

TGS ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.14 23.93 22.75 14.69 25.26

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, TGS ASA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TGS ASA EV-to-EBIT Distribution

For the Oil & Gas industry and Energy sector, TGS ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TGS ASA's EV-to-EBIT falls into.



TGS ASA EV-to-EBIT Calculation

TGS ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16230.509/670.425
=24.21

TGS ASA's current Enterprise Value is kr16,231 Mil.
TGS ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr670 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TGS ASA  (OSL:TGS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

TGS ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=670.425/16646.6954
=4.03 %

TGS ASA's Enterprise Value for the quarter that ended in Dec. 2023 was kr16,647 Mil.
TGS ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr670 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TGS ASA EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of TGS ASA's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


TGS ASA (OSL:TGS) Business Description

Traded in Other Exchanges
Address
Askekroken 11, Oslo, NOR, 0277
TGS ASA provides geoscientific data products and services to the oil and gas industry to assist with licensing rounds and the preparation of regional data programs. It invests in multiclient data projects in frontier, emerging, and mature markets worldwide to develop a library of seismic imaging, well data, and interpretive products and services. Reportable segments are Western Hemisphere, Eastern Hemisphere, Digital Energy Solutions, Data Acquisition and Others. The company offers interpretation studies and services that integrate seismic, well logs, biostratigraphic data, core data and other geoscientific data to create basin-wide regional frameworks. TGS' geoscientists also contract consulting work in geology, geophysics, and petrophysics. Majority revenue comes from Latin America.

TGS ASA (OSL:TGS) Headlines

From GuruFocus

Undervalued Stocks in Howard Marks' Portfolio

By Tiziano Frateschi Tiziano Frateschi 03-04-2015

TGS Files 2021 Annual Report on Form 20-F

By PRNewswire PRNewswire 04-27-2022

TGS Files 2017 Annual Report on Form 20-F

By PRNewswire PRNewswire 04-16-2018

Capital Returns: Concentrating on the Supply Side

By William Barnes William Barnes 05-17-2016

TGS Files 2022 Annual Report on Form 20-F

By PRNewswire PRNewswire 04-25-2023